Nelcast Limited has informed the Exchange regarding a press release dated July 31, 2025
NELCAST · price
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Nelcast Limited reported strong Q1FY26 results with revenue rising 11.1% year-on-year to Rs. 336.0 crore, driven by steady volume growth and a 17% jump in exports to Rs. 115 crore. Profit after tax surged 57.2% YoY to Rs. 12.5 crore, while EBITDA grew 44.3% YoY to Rs. 32.4 crore with margin expanding 222 basis points to 9.6%. EBITDA per kg improved 24.4% to Rs. 14.7, moving closer to the company's Rs. 15 per kg guidance for FY26. Tractor segment saw robust growth on the back of a favourable monsoon, while M&HCV (35.2% of revenue) and exports (35.0%) remained the largest contributors. Management highlighted the development of a 500 kg casting, the single largest product in the company's history, and expects the UK FTA to shift sourcing preferences toward India.
Strong margin expansion, double-digit profit growth, and reaffirmed FY26 guidance signal improving operational efficiency and are likely to be viewed positively by shareholders. The export growth and new product pipeline could support further upside in the coming quarters.